Paradigm Indemnity Corporation

Paradigm Indemnity Corporation is a non-profit captive insurance company based in Oregon. Established by Samaritan Health Services (SHS), a 501(c)(3) parent organization, it directly insures hospitals and physicians under SHS for their professional and general liability coverage. The company supports five acute care facilities, three in the Willamette Valley and two on the Oregon Coast. It covers a workforce consisting of 502 physicians, 80 physician assistants, 49 nurse practitioners, 27 CRNAs, 8 nurse midwives, and 23 other health professionals. Paradigm Indemnity Corporation is an integral part of the SHS System, a local network of hospitals and physicians serving approximately 290,000 residents in Linn, Benton, Lincoln, and portions of Polk and Marion Counties in Oregon. The mission of SHS is "Building Healthier Communities Together," and the collective vision is to serve their communities with pride, demonstrating passion, respect, integrity, dedication, and excellence.

Paradigm Indemnity Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paradigm Indemnity Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Paradigm Indemnity Corporation (PIC) serves as the in-house insurance company for Samaritan Health Services (SHS), a non-profit network of hospitals and physicians. PIC provides professional and general liability coverage for SHS-affiliated entities. Formed by a 501(c)(3) parent organization, PIC is a member of the SHS system, which aims to build healthier communities together. The SHS mission is to deliver healthcare services regardless of race, color, creed, sex, national origin, disability, or age. The collective vision of the SHS system encompasses passion, respect, integrity, dedication, and excellence. PIC's role is integral to the SHS network's functioning and commitment to serving their communities.

Douglas Boysen is the Board Chair / Ceo Shs of Paradigm Indemnity Corporation. The CEO's salary of Paradigm Indemnity Corporation is $0 and their total compensation is $21,935.

Paradigm Indemnity Corporation's revenue in 2022 was $14,788,703.

The Paradigm Indemnity Corporation’s most recent form 990 was submitted in 2022 and can be accessed here